Housing Loan Strategy of Commercial Bank to Pre-payment Based on Social Benefits
Based on the pre-payment conduct of consumers, this paper set up a dynamic game theory model of the commercial band and the consumer which object is maximizing the societal utility. We find that pre-payment is beneficial to the society, and the bigger the consumers prospective interest rate, the shorter die best pre-payment period; the higher the interest rate, the longer the best pre-payment period. We consider that pre-payment is feasible to consumer after investigation. Finally, we give some advice to the commercial bank to promote its competitive power on housing loan business.
commercial bank housing loan pre-payment
ZHANG Xuedi GUO Honglian
School of Business, Beijing Wuzi University, Beijing, P.R.China, 101149
国际会议
威海
英文
443-448
2010-07-24（万方平台首次上网日期，不代表论文的发表时间）